Job Loss Predicted in Chemical Industry

Tuesday, July 28, 2009 - 8:30am

BATON ROUGE, La. (AP) - Louisiana's chemical industry stands to
lose another 700 to 1,200 jobs by the end of 2010.
That's the analysis of Louisiana Chemical Association president
Dan Borne.
The industry currently employs about 24,000 people in Louisiana.
Borne says more than 70 companies have indicated that a 3 percent
to 5 percent staff reduction is likely next year.
Borne told the Baton Rouge Press Club that the staff reductions
are a continuing trend and not simply the result of the current
recession. In 1999, Louisiana's chemical industry peaked at 35,000
Borne says chemical production at Gulf Coast plants is off about
18 percent this year.